Original Date of Publication: September 6th, 2010
Unlike five years ago, many Indian companies in today believe that Intellectual Property (IP) adds value to their business interests. They have been aggressively protecting their IP and are asking what their IP is worth. They are not content with the answer of attorneys that revolves around exclusivity, competitive advantage, market share, price margins and so on. Companies would like to know if their IP really has value in terms of money.
Determining the value…
Original Date of Publication: 17th May, 2010
A patent search, in simple words, is an exercise of mining granted patents and published patent applications (patent documents) that are related to a subject matter of our interest. A patent search helps in making decisions under various scenarios. It helps determine, patentability of a subject matter, freedom to operate and validity of a patent, among others.
More often than not, a patent search is conducted to determine patentability of a subject matter for which…
Original Date of Publication: November 26th, 2009
Do’s
1. Define the ownership of Intellectual Property created during the term of employment clearly.
2.Clearly state the extent to which IP will be transferred to the employer.
3. Ensure that Employee is obliged to execute all necessary documents and assists the Employer in transferring any Intellectual Property created by him during his employment to the Employer. Also incorporate provisions requiring employee's co-operation with respect to prosecution and litigation.
4. Ensure that Employee is obliged to refrain from…
Original Date of Publication: November 26th, 2009
Please note that the Do's and Don'ts provided hereunder are broad and non-exhaustive guidelines. Kindly consult a lawyer for specific advise. Do’s
1. Define the meaning of the term Confidential Information to cover all kinds of information that may be disclosed. Exclusions to confidential information may be included within the definition.
2. The purpose for which confidential information is provided must be lucidly stated in the agreement.
3. The parties permitted to access the confidential information must…